Skip to main content

About your Search

Search Results 0 to 6 of about 7
Dec 7, 2012 1:00pm PST
on the fiscal cliff. >> how does it play into fiscal cliff negotiation? >> you would think it gives them a sobering sense of if we do the right thing, maybe the economy keeps growing, if we do the wrong thing, might tip the united states. some think even the possibility of another global recession. you would think it would be a motivation to get things done. if you listen to what's said publicly, see if they're working out a deal privately, there are staff level conversations but most of the big voices dug in. >> you had a fascinating interview with the head of the international monitoring fund, it will air sunday on "state of the union." let me play a clip. what happens in fiscal cliff negotiations in washington could have a huge impact around the world. >> there's still that degree of uncertainty that fuels doubt, that prevents investors, entrepreneurs, households from making decisions because they don't know what tomorrow will be. they know that a fix has been found for today but there is still work to be done tomorrow and day after tomorrow. so it would be much better to actually hav
Dec 10, 2012 6:00am EST
he had to say about the progress of the fiscal cliff negotiation. >> i think the atmospherics are getting so much better. we've kind of gotten out of the kabuki theater and we've gone to, you know, dancing the tango with, you know, those two guys. and any time you start to tango, you got a chance. 40% chance we'll actually get it done before the end of the year. probably a 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff and have pure chaos. but i think the chances of getting it done now are better. and i think that's what's key. >> have indicated a willingness to compromise. what's interesting there is he did say 40%, that's a little better, that the odds are we get something solved and don't go over the cliff. but he's still looking at a 1 in 3 shot that we end up going off the cliff. so it's that part in the middle that's kind of evened out a little bit. >> let's get to our guest host for more on the fiscal cliff negotiations. joining us now for the rest of the show, senator john thune
Dec 12, 2012 1:00pm PST
negotiations? >> well, bernanke is the man credited with coining the term fiscal cliff. he did it back in february as part of testimony before congress. bernanke was speaking at a press conference today and he was asked two things. one, does he see impacts from the fiscal cliff, the lack of a deal, is it already rippling through the economy in? he said, yes. that's why you're seeing a fall in consumer confidence and less business activity and he said that it's impair tea that the congress comes to a deal with the white house and he was asked, do you think that term is correct a. fiscal cliff? is it a slope, maybe? he said, no, it's a fiscal can cliff because the economy will hit a brick wall if there is not a deal in january. he says it is not hype. >> he's basically saying if we go over the fiscal cliff, if these lawmakers and white house doesn't make a deal, it could lead to a recession? >> that >> reporter: that's right. we could hit another recession if we go over the fiscal cliff. >>> shoppers that dive for cover as a gunman opens for cover in an oregon mall. we're going to give y
Dec 12, 2012 1:00pm EST
the house republican conference spoke about the debt and deficit and the late etc. fiscal cliff negotiations. house speaker john boehner and the white house traded a second round of proposals yesterday on the budget cus that begin to take effect in january of 2013. this is nearly half an hour. >> good morning, everyone. i'm really proud to stand here today with the house republicans and my colleagues to tell a very important story and it's a story of hard working americans and their families. and let me tell you there's no story that is more powerful. the story of all americans, it's the story of moms an dads, husbands and wives, grandparents that work hard and sacrifice, so that they can leave a better america to their children and their grandchildren. and as the debate is looming over the fiscal cliff, we stand here to fight for those hard working americans and their families. because as the federal government grows larger and larger, the middle class is squeezed more and more. and as i -- i'm a mom. i have two kids. when my daughter was born two years ago, her share of the national debt w
Dec 12, 2012 7:00am PST
to actually get something done to avoid the fiscal cliff. >> and what's going on in those negotiations that we don't know. >> exactly. so we going to talk to the man who may know right? >> the man who's wired in washington. >> exactly. bob woodward knows the white house and he's covering washington for years. he'll be on later this morning. >> announcer: this portion of "cbs this morning" sponsored by international delight coffee creamers. what's your i.d.? who thinks two is better than one? so all of you do. yes, for sure. now what's better? being able to shoot two lasers out of both of your eyes at the same time or just one laser out of one eye? [ all kids ] two! [ moderator ] okay, why? if it's just one beam -- okay, it does a little bit of damage. two beams -- it will make something explode! and that's more fun? yeah! and it's more powerful you're saying? yeah! [ male announcer ] it's not complicated. doing two things at once is better. and only at&t's network lets you talk and surf on your iphone 5. ♪ ♪ online outfit piccolo headphones buy now broadway show meg
Dec 10, 2012 7:00pm EST
to the economy. we're going to have a fight on the fiscal cliff. another on the debt ceiling. it's destroying confident in the markets and what bothers me, larry, you know the subprime crisis hit like that. there was no warning. we could have another one like that. >> somebody has to control spending. i think the debt ceiling over a period of time is one way to do it. i'm sorry to you both. i have to get out of here. >> only roughly 800 billion apart. they can come together and solve it. >> i think the main tax -- >> for the good of the country. i'm probably not going to like the deal but that's probably what will happen. >> thank you so much. quick programming note. i will come to you life from our nation's capital tomorrow night as part of cnbc's special all day coverage. rise above, mission critical. now how do you like this scenario? the u.s. government using our tax money to build up an electric battery firm but after it fails the company sells out to a chinese outfit who takes advantage of our own taxpayer dollars. now producing for japan. there is something wrong with this picture. we'
Dec 12, 2012 4:00am PST
very much for having me. >> you bet. still ahead on "starting point" a little movement on the fiscal cliff with new proposals on the table from both sides. going to talk about that. some conservatives say they think boehner should step away from the negotiating table. we'll talk to tennessee congresswoman marcia blackburn about that. >>> a viewer writes to a black meteorologist saying she needs to grow hair or wear a wig. it's not something i think looks good on tv so she responded on facebook very nicely said something at the end "have a nice day," got her fired. we'll talk about her story, when we return, in just a moment. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far
Search Results 0 to 6 of about 7